Between April 2022 and July 2023, Hohensee recommended that two customers invest in eighteen structured notes without having a reasonable basis to believe the recommendations were in the customers’ best interests based on their investment profiles. As a result, Hohensee willfully violated the Care Obligation of Regulation Best Interest and violated FINRA Rule 2010. For this misconduct, Hohensee is suspended for six weeks in all capacities, fined $10,000, and ordered to pay restitution of commissions to the two customers in the amount of $7,530 plus interest...

From January 2018 through the present, Great Point violated FINRA Rules 3110 and 2010 by failing to establish, maintain, and enforce a supervisory system, including written supervisory procedures, reasonably designed to achieve compliance with rules prohibiting manipulative trading.

From at least January 2016 through April 2020, JPMS failed to reasonably supervise a registered representative who generally recommended an investment strategy that involved taking large, concentrated positions in high-yield securities using leverage. Customers in this strategy lost money during a period of significant market volatility starting in March 2020.